New Delhi:(Page3 News Network)-According to the Fourth All India Census of Micro, Small and Medium Enterprises (MSMEs), with reference year 2006-07, wherein the data was collected till 2009, 4.96 lakh units were found closed. As per the data compiled by the Reserve Bank of India (RBI), as at the end of March, 2012, there were 89,642 sick MSMEs in the country, of which banks found 10,596 as viable, 72,964 as non-viable and for 6,082 units viability was to be decided.The Ministry of MSME has been facilitating the promotion and development of MSMEs through implementation of various schemes / programmes relating to credit, infrastructure development, technology upgradation, etc. The major schemes include Credit Guarantee Scheme, Credit Linked Capital Subsidy Scheme, Performance and Credit Rating Scheme, Cluster Development Programme, National Manufacturing Competitiveness Programme and Prime Minister’s Employment Generation Programme.
This information was given by the Minister of State (Independent Charge) for Micro, Small and Medium Enterprises, Shri K. H. Muniyappa in a written reply to a question in the Rajya Sabha today.
